ClearBridge Investments released its 'ClearBridge Dividend Strategy' Q2 2024 investor letter, where they expressed optimism about the economy and downplayed near-term recession concerns. The strategy underperformed its benchmark, with gains from the IT sector but detractions from materials and financial sectors. The letter highlighted Air Products and Chemicals, Inc. (NYSE:APD) due to a major offtake agreement for its Neom green hydrogen project, leading to increased investment in the company. Air Products and Chemicals, Inc. reported strong earnings in Q2 2024, surpassing previous guidance and showing improvement compared to the prior year. Despite the positive performance, the article suggests that investment in AI stocks might offer greater returns in a shorter timeframe. The strategy's top holdings include Air Products and Chemicals, Inc., a company providing various gases and services based in Pennsylvania. While the firm is optimistic about Air Products and Chemicals, Inc., they believe AI stocks hold more promise for substantial returns. The article also mentions the company's position among hedge funds and its one-month return. Overall, ClearBridge Dividend Strategy's positive stance on Air Products and Chemicals, Inc. and the potential of AI stocks for higher returns are highlighted in the investor letter.